$ETH Ethereum K-line forms a top pattern when viewed from 1 hour, combined with a belt line pattern, indicating strong short-term upward pressure. The area around 4530-4550 is a strong resistance level, and a breakthrough will require continuous pullback adjustments to build momentum.
Currently, multiple indicators show weakening upward momentum. If it can break above 4550 or the daily line pressure of 4580 during the day, the probability of hitting above 4700 increases; conversely, it may face pressure and pull back to support around 4400-4410.
Bingtang suggests going long in the range of 4385-4350! Add positions at 4335, aiming for 4600.
